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LIVERMORE, Calif., April 9, 2014 (GLOBE NEWSWIRE) -- McGrath RentCorp (Nasdaq:MGRC) (the "Company"), a diversified business to business rental company, today announced that it plans to release financial results for its first quarter of fiscal 2014, ending March 31, 2014, after the close of regular market trading on Wednesday, April 30, 2014.

McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that afternoon to discuss the results. The call will feature remarks by Dennis Kakures, president and chief executive officer, and Keith Pratt, senior vice president and chief financial officer. There will also be a live Q&A session. The conference call may be heard by dialing 1-877-941-4774 (international callers dial 1-480-629-9760). A 7-day replay will be available following the call by dialing 1-800-406-7325 (international callers dial 1-303-590-3030). The conference call passcode is 4678086. In addition, a live audio webcast and replay of the call may be found in the investor relations section of the Company's website at http://mgrc.com/Investor/EventsAndArchive.

ABOUT MCGRATH RENTCORP

Founded in 1979, McGrath RentCorp is a diversified business-to-business rental company. The Company's Mobile Modular division rents and sells modular buildings to fulfill customers' temporary and permanent classroom and office space needs in California, Texas, Florida, and the Mid-Atlantic from Washington D.C. to Georgia. The Company's TRS-RenTelco division rents and sells electronic test equipment and is one of the leading rental providers of general purpose and communications test equipment in the Americas. The Company's New Jersey based Adler Tank Rentals subsidiary rents and sells containment solutions for hazardous and nonhazardous liquids and solids with operations today serving key markets throughout the United States. In 2008, the Company entered the portable storage container rental business in California under the trade name Mobile Modular Portable Storage, and in 2009 expanded this business into Texas and Florida. For more information on McGrath RentCorp and its operating units, please visit our websites:

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. McGrath RentCorp presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of McGrath RentCorp were yielding above the 3% mark based on its quarterly dividend (annualized to $0.98), with the stock changing hands as low as $32.61 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.

In trading on Thursday, shares of McGrath RentCorp crossed above their 200 day moving average of $35.15, changing hands as high as $35.69 per share. McGrath RentCorp shares are currently trading up about 4.2% on the day.